Cybersecurity staffing factoring
Security engineers, zero trust architects, IAM specialists and SOC and GRC consultants get placed fast because the work cannot wait. Turn approved timecards and SOW milestones into cash in as little as 24 hours. The company that owes you money gets the credit check. Not you.
Invoice #10482
$100,000 · NET 45
In your account tomorrow
$90,000
90% of your invoice, wired on day 1
The balance follows when your customer pays, less the fee.
The problem
Your engineers get paid weekly. Your enterprise and government clients pay on net 30 to net 60 terms, sometimes longer. Every incident response engagement or managed security contract widens the gap between what you have billed and what you can actually spend.
What you'll need
Why it funds well
How it can play out
A ten person security staffing firm signs a six month incident response contract with a mid size hospital system. The client pays on net 45 terms, but the contractors get paid weekly starting the first Friday. Factoring the first invoice puts cash in the account before payroll comes due again, and every invoice after that follows the same rhythm.
Illustrative example. Actual terms depend on your file and your funding partner.
What you get
Fund approved invoices as you bill, so payroll isn't waiting on an accounts payable department.
Available funding rises with your client roster and billing, with no fixed line to renegotiate.
Know an enterprise client's payment reputation before you staff the project.
No investors, no bank covenants, no dilution.
Many programs let you factor some clients and not others.
Signed timecards, closed work tickets and SOW sign offs are exactly what funding partners want to see.
The payroll math
You staff the engagement the day the contract is signed. Contractors get paid every Friday. The client's first invoice clears two months later on net 60 terms. Every new engagement widens the gap until factoring closes it.
Cybersecurity staffing factoring
Two questions. No sign up, no credit check, no phone call required.
1 Your invoice
How much is the invoice?
When does your customer usually pay?
2 Your estimate
In your account tomorrow
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Estimate only. Your funding partner sets the actual advance, fee and timeline based on your industry, your customers' credit and your file.
FAQ
No. Once your account is set up, most funding partners verify and fund invoices within one to two business days, so cash keeps moving while the engagement is still active.
Often yes. Funding partners look mainly at the strength of the client you are invoicing, so a newly formed firm with a strong enterprise or government client can still qualify.
Yes, many programs allow selective factoring, so you choose which clients to factor and which to bill directly.
Staffing factoring fees typically start around two to three percent for the first 30 days, with a smaller amount added for each additional 30 days the invoice stays open. Nordthane charges you nothing.
Sell your invoices with Nordthane Capital, your factoring partner. Free to apply, no obligation.